We Fight Any Claim is not giving up the fight.
Following the High Court’s rejection of a bid for a judicial review concerning the deadline set by the Financial Conduct Authority (FCA) for payment protection insurance (PPI) complaints, the claims management firm is filing an appeal, according to a
City A.M. report.
Explaining the move to fight it out, legal adviser Mark Davies said, as quoted by the report: “We’re appealing this because the effect will be to deprive about 15 million people – most of whom don’t even know they’ve had PPI – of the possibility of justice.”
Last March, FCA chief executive Andrew Bailey said the FCA believes that two years is a reasonable time for consumers to decide whether they wish to make a complaint. The regulator is also about to begin a consumer communications campaign on the matter.
“The scale of the PPI scandal is something that many struggle to comprehend. £40 billion has so far been set aside to re-pay those affected, and, of that, £27 billion has already been re-paid,” said We Fight Any Claim in July.
The company’s post on its website continued: “However, the Financial Conduct Authority has caved to pressure from the financial institutions that mis-sold the product in the first place, and have set a deadline for those looking to reclaim the money that is rightfully theirs.”
The FCA, for its part, argued that putting in place the August 29, 2019 deadline will mean people who were potentially mis-sold PPI will be prompted to take action rather than put it off.
However, We Fight Any Claim stated: “We are on a mission to make sure as many people as possible claim back what is rightfully theirs, and realise it’s not ‘nuisance PPI’ at all, it’s potentially life-changing sums of money owed to ordinary people around the country.”
It described the PPI scandal as “crazy but true,” adding that the numbers speak for themselves.
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